Primary menu

Buying on Craigslist – What is the Best Way to Pay?

Are you looking for cheap products at an affordable price? If so, you can and should turn to Craigslist.org. Craigslist is a great alternative to yard sales and thrift stores. You can do most of your browsing right from the comfort of your own home. But wait! What about when it comes time to make your payment? Which payment method should you opt for?

Cash. Payment by cash is the most preferred method of payment among both buyers and sellers. It is quick, easy, and there are no scams. Unlike with a check, a seller does not need to worry about insufficient funds. They have the actual cash in their hands. As a buyer, you get comfort and peace of mind too. Exchange cash for the product and you immediately have it in your hands. Never send cash by mail.

Check. Payment by check for Craigslist purchases is ideal for high value items, such as used cars. However, you may not get your product immediately. A buyer is illegally to hand over a $ 500 television until they can verify there are enough funds for the payment to process. What if the buyer takes your money and runs? There is always the risk, but that risk is minimized by doing business with local residents or at least those who stay in the same state.

Money orders. Buyers who purchase expensive products, such as a new video game console, may prefer not to carry large amount of cash. With that said, they may not want to handover a check with all their personal information either. These individuals are likely to opt for a money order. If you wish to pay by money order, purchase from a well-known and legitimate source, such as a local bank or the United States Postal Service. Legitimate looking money orders are less likely to result in a delivery holdup.

Wired money. Since Craigslist is an online classified website that connects local buyers and sellers, wired money is rarely needed. In fact, you should avoid it at all costs. A seller who asks you to wire money is probably a scammer. United States residents will gladly accept cash, checks, and money orders. Wired money request is typically a sign you are dealing with a buyer from a foreign country, where most scams take place.

PayPal. Although most Craigslist sellers want to do business with local sellers, some are willing to ship purchases. If a seller will not accept a check or money order, look into PayPal. PayPal is a safe and fast way to pay for online purchases. There is record of your payment. Not all Craigslist sellers use PayPal.com, but many do. If a seller recommends wired payment, suggest PayPal instead. If they are dead set against it, take it as a sign and stop communication immediately.